On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on June 28, 2024, Friday, as under: | Sl. No. | Notified Amount
(₹ crore) | Tenor
(day) | Window Timing | Date of Reversal | | 1 | 50,000 | 3 | 10:00 AM to 10:30 AM | July 01, 2024
(Monday) | 2. No Main Operation i.e. 14-day Variable Rate Repo (VRR) / Variable Rate Reverse Repo (VRRR) auction will be conducted on June 28, 2024. 3. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2024-2025/574 | |